Sustainable Investing: Carbon Winners and Losers

SHARES

ExxonMobil (XOM)

Carbon Call: Potential Loser

In the fairly carbon resilient oil and gas sector, ExxonMobil was declared an industry laggard in 2009 on the CERES Climate Watch List.

"High carbon transportation fuels ... can't reduce the carbon footprint of their products in any meaningful way. In fact, the carbon content of these fuels is increasing over time and will therefore increase your carbon footprint if your business depends on them," Tamminen says.